A Sorry Scene at Pinewood ; Market Report

Daily MailNovember 23, 2007

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Summary


CIGAR chomping entrepreneur Michael Grade's City reputation has taken another knock.

As shares of struggling broadcaster ITV, where he has been chairman, lost 0.7p more to a year's low of 83p, one of his high- profile quoted companies rolled out yet another profits warning.

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Extract


A Sorry Scene at Pinewood ; Market Report

Chairman of the board, Grade took a deep breath as Pinewood Shepperton, where all the Harry Potter movies were made, tumbled 26p to 239p.

It warned it would take a Pounds 3m hit after production of a new blockbuster fil...

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